California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Gilead Sciences
GILD
|
+$475M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$463M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$408M |
| 4 |
Adobe
ADBE
|
+$333M |
| 5 |
T-Mobile US
TMUS
|
+$205M |
Top Sells
| 1 |
Apple
AAPL
|
+$372M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$146M |
| 3 |
Sysco
SYY
|
+$144M |
| 4 |
AGN
Allergan plc
AGN
|
+$134M |
| 5 |
Welltower
WELL
|
+$124M |
Sector Composition
| 1 | Technology | 20.98% |
| 2 | Healthcare | 14.54% |
| 3 | Financials | 12.83% |
| 4 | Consumer Discretionary | 10.65% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1526
Upbound Group
UPBD
$1.45B
| $3.07M | ﹤0.01% |
110,500
-2,436
| -2% | -$67.8K |
|
1527
Verra Mobility
VRRM
$3.92B
| $3.07M | ﹤0.01% |
299,052
+13,214
| +5% | +$136K |
|
|
ARNC
1528
DELISTED
Arconic Corporation
ARNC
| $3.07M | ﹤0.01% |
+220,326
| New | +$3.07M |
|
1529
CareDx
CDNA
$720M
| $3.07M | ﹤0.01% |
86,600
+2,800
| +3% | +$99.2K |
|
|
BBBY
1530
DELISTED
Bed Bath & Beyond Inc
BBBY
| $3.07M | ﹤0.01% |
289,148
+13,435
| +5% | +$142K |
|
1531
Hilltop Holdings
HTH
$2.18B
| $3.06M | ﹤0.01% |
166,050
+4,398
| +3% | +$81.2K |
|
1532
HNI Corp
HNI
$2.07B
| $3.06M | ﹤0.01% |
99,953
+1,955
| +2% | +$59.8K |
|
|
CUB
1533
DELISTED
Cubic Corporation
CUB
| $3.06M | ﹤0.01% |
63,600
-116
| -0.2% | -$5.57K |
|
|
MNR
1534
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $3.05M | ﹤0.01% |
210,293
+543
| +0.3% | +$7.87K |
|
1535
CSG Systems International
CSGS
$1.86B
| $3.04M | ﹤0.01% |
73,486
-3,097
| -4% | -$128K |
|
|
ZGNX
1536
DELISTED
Zogenix, Inc.
ZGNX
| $3.04M | ﹤0.01% |
112,500
+17,618
| +19% | +$476K |
|
1537
Pricesmart
PSMT
$3.52B
| $3.04M | ﹤0.01% |
50,354
+396
| +0.8% | +$23.9K |
|
1538
Renasant Corp
RNST
$3.68B
| $3.04M | ﹤0.01% |
121,971
-4,707
| -4% | -$117K |
|
1539
Chesapeake Utilities
CPK
$2.95B
| $3.01M | ﹤0.01% |
35,788
+221
| +0.6% | +$18.6K |
|
|
CLR
1540
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $3.01M | ﹤0.01% |
171,428
-21,798
| -11% | -$382K |
|
1541
Essential Properties Realty Trust
EPRT
$5.91B
| $3M | ﹤0.01% |
202,133
+16,338
| +9% | +$242K |
|
1542
Opko Health
OPK
$1.11B
| $3M | ﹤0.01% |
879,272
+18,900
| +2% | +$64.4K |
|
1543
Atkore
ATKR
$2.06B
| $2.99M | ﹤0.01% |
109,449
+657
| +0.6% | +$18K |
|
1544
Knowles
KN
$1.9B
| $2.99M | ﹤0.01% |
195,917
+14,913
| +8% | +$228K |
|
1545
EchoStar
SATS
$21.5B
| $2.99M | ﹤0.01% |
106,870
-3,981
| -4% | -$111K |
|
1546
WesBanco
WSBC
$3.03B
| $2.98M | ﹤0.01% |
146,814
+1,021
| +0.7% | +$20.7K |
|
1547
Banner Corp
BANR
$2.29B
| $2.98M | ﹤0.01% |
78,386
-1,035
| -1% | -$39.3K |
|
1548
James River Group
JRVR
$244M
| $2.97M | ﹤0.01% |
66,039
+100
| +0.2% | +$4.5K |
|
1549
Karyopharm Therapeutics
KPTI
$55.9M
| $2.97M | ﹤0.01% |
10,452
+1,592
| +18% | +$452K |
|
|
ROIC
1550
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $2.97M | ﹤0.01% |
262,040
+7,454
| +3% | +$84.5K |
|